Massachusetts December 7, 1775 8d PCGS Apparent Very Good 08.. ...

Description

Massachusetts December 7, 1775 8d PCGS Apparent Very Good
08.
The Apparent grade has been assigned for "Splits and Repairs,"
which are present but of only minor consequence. There were sixteen
denominations for this issue, with the eight pence notes being the
lowest of those. Of those sixteen, it carries the highest value in
the Friedberg reference, although Newman does not differentiate
values among most of the notes. Although PCGS has not released a
Colonial census, PMG's records indicate they have graded only one
example, a Fine 12. Not surprisingly, these notes are quite popular
with collectors as they were printed by Paul Revere and include the
"Sword in Hand" vignette. In spite of its low grade, the
all-important "Sword in Hand" vignette is clear and the note
certainly retains plenty of eye appeal and charm. That, added to
the scarcity of these notes, should command a premium. We have sold
only two others, a PCGS 40 Apparent for just over $9,000, and a
PCGS 20 Apparent for just under $4,000. We would expect this note
to realize right around $2,500